Advert ID:11557 / Seller Reference:76666 / Type:Opportunity Wanted / Sector:Furniture / Location:Global
Looking For Business Partners Or Investors
Opportunity Summary
Mr.KITCHENS is a fully integrated modular kitchen solutions provider, incorporated in 2009. Our principal focus is to provide the highest quality of products and services to each one of our clients. We are dedicated to provide quality services with an aim to ease and expedite the international exchange of various types of modular kitchens and wardrobes.
Mr. KITCHENS is engaged in the designing, supply and installation of modular kitchens, wardrobes, crockery units, TV units, Show cases and kitchen appliances & accessories. It operates as a supplier and installer of modular kitchens in Coimbatore and near by cities.
Mr. KITCHENS is planning to manufacture almost 75% of the components that go into making a modular kitchen, the major strengths includes raw material sourcing to finishing. Mr. KITCHENS concept is based on offering a wide range of well designed and functional modular kitchens at affordable prices, thus helping more people live a better life at home.
The furniture industry in India is estimated to be worth €5billion, out of which, the wooden furniture accounts for €750million. The major part i.e., 85% of furniture sector in India consists of the un-organized sector while the remaining organized sector is made up of manufactures and importers catering to the various segment of the industry. CSIL Milano has classified India as one of the 14 large furniture markets in the world. This is in view of the fact that India has a middle class population of over 400 million, with a purchasing power on the upswing. Modular kitchen market in India is still at a nascent stage but has tremendous growth potential. Market has been witnessing a growth rate of 50% YoY.
The company is seeking for an investment of Rs.67,50,000 ( USD 150,000 ) ( Sixty seven Lakhs fifty thousand only) to achieve its goal of budget class modular kitchen supplier in the market place.
This business plan was developed to introduce the company to prospective investors in order to obtain financing to facilitate the growth of this company. The starts up expenses are already done by the promoters of the company. The Purpose of this proposal is to secure Rs.67,50,000 ( Rupees Sixty seven lakhs fifty thousand only) as an investment for the purchase of wood working machineries, show room expenses and advertisement of the product.
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